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Inside Washington (11/08/2012)
WASHINGTON (11/9/12)--The Senate Banking Committee will hold a hearing Wednesday--the second work day of the post-election, lame duck congressional session -- on Basel III capital and liquidity requirements. Scheduled to testify are Michael S. Gibson, director, Division of Banking Supervision and Regulation of the Federal Reserve; John Lyons, chief national bank examiner, Office of the Comptroller of the Currency (OCC); and George French, deputy director of policy, Division of Risk Management Supervision, Federal Deposit Insurance Corp. This is the first hearing held by the committee on the plan, released in June by the Federal Reserve Board, the FDIC and the OCC (American Banker Nov. 8). Regulators have received more than 1,000 comment letters regarding the proposed standards …


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